The System Staggers as Credit Cracks Deepen The global financial system stands at the brink of yet another reckoning. S&P Global's forecast of $850 billion in credit losses for 2025 isn’t just a cautionary tale—it’s a fiery indictment of a banking system perpetually teetering on the edge of collapse. Beneath the polished language of "soft landings" and "stable ratings," lies a volatile truth: the banking sector is masking its fragility behind manipulated optics and delusional optimism. This isn't the first time we've been fed this narrative. But in 2025, with delinquencies rising and bad debts piling up, it's clear the system hasn't learned a thing from its past implosions. A “Narrow Path” Littered with Debt and Denial S&P Global touts…
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